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The Rothbard Reader
Publication
Author: Joseph T. Salerno Matthew McCaffrey
Online Publish Date:
From the Introduction by Joseph T. Salerno and Matthew McCaffrey. Few economists manage to produce a body of work that boasts a serious following twenty years after their deaths. Murray N. Rothbard is a rare exception. More than two decades since his passing, his influence lives on, both in the work of a new generation of social scientists, and
Economic Theory of Costs: Foundations and New Directions
Publication
Author: Matthew McCaffrey
Online Publish Date:
The theory of costs is a cornerstone of economic thinking, and figures crucially in the study of human action and society. From the first day of a principles-level course to the most advanced academic literature, costs play a vital role in virtually all behaviors and economic outcomes. How we make choices, why we trade, and how we build
Study for a PhD at the University of Manchester
Power & Market
Author: Matthew McCaffrey
Online Publish Date:
It’s no secret that Austrian economics is flourishing around the world and that more students than ever are searching for careers that will allow them to contribute to the Austrian tradition. However, students often ask where they can go to study Austrian economics at the PhD level in preparation for teaching and researching in academia, or for
The Long Rehabilitation of Frank Fetter
Quarterly Journal of Austrian Economics
Author: Matthew McCaffrey
Online Publish Date:
Category: Austrian Economics Overview, History of the Austrian School of Economics
Abstract:   Economics has long history of “rehabilitations,” including W.H. Hutt’s rehabilitation of Say’s law, and Alfred Marshall’s attempt to rehabilitate David Ricardo. The rehabilitation of Frank A. Fetter should be as important as either of these, especially for economists working in the contemporary Austrian tradition. The historical
Panel Discussion
Media Asset
Author: Dan Sanchez Matthew McCaffrey
Online Publish Date:
Category: Austrian Economics Overview, Taxes and Spending
All services that government provides can be privately provided goods and services. All voluntary arrangements are better than coercive ones.  Anarchy is simply no rulers, but not no rules. Just start stripping government away. Recorded at the Ludwig von Mises Institute in Auburn, Alabama, on 15 April
Business and Economic Change
Media Asset
Author: Matthew McCaffrey
Online Publish Date:
Category: Austrian Economics Overview, Free Markets
Profit and loss is the heart of business and economic change. Entrepreneurs drive the market at every level, predicting future wants and taking risks with their property. Earning profits is never guaranteed. Bankruptcy puts resources to better use under new management. Bailing out failing businesses creates moral hazards that rewards bad behaviors
How Do People Make Economic Decisions?
Media Asset
Author: Matthew McCaffrey
Online Publish Date:
Category: Austrian Economics Overview
The economic point of view holds that logic reveals that certain means - like socialism -simply cannot produce certain desired results such as social cooperation. Austrian economics realistically explains all the choices that people make to be better off. A high school seminar in Auburn, Alabama; 29 April 2011. Sponsored by Dr. Don W.